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Bicycle Therapeutics
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Bicycle Therapeutics

https://www.bicycletherapeutics.com/
Last activity: 19.05.2025
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Categories: BioTechBuildingDrugHumanITManagementMedtechPlatformPublicResearch
We are Bicycle Therapeutics, a clinical-stage biopharmaceutical company. We didn’t wait for the next advance against cancer. We created it.

Based on groundbreaking work conceived in the laboratory of Sir Greg Winter with the help of Professor Christian Heinis, we are pioneering the development of bicyclic peptides, or Bicycles® – a novel class of versatile, chemically synthesized medicines. Bicycles are fully synthetic short peptides constrained to form two loops which stabilize their structural geometry. This constraint is designed to confer high affinity and selectivity, and the relatively large surface area presented by the molecule allows targets to be drugged that have historically been intractable to non-biological approaches. Bicycles represent a unique therapeutic class, combining the pharmacological properties normally associated with a biologic with the manufacturing and pharmacokinetic advantages of a small molecule, yet with no signs of immunogenicity observed to date.

Bicycles can be used as Bicycle conjugates to deliver toxin payloads and to precisely target local immune activation within tumors and as Bicycle T-cell modulators, which activate cytotoxic T-cells while circumventing the limitations of antibody and biologic therapies and better enabling combination therapy. Our lead product candidate, BT1718, is a Bicycle toxin conjugate currently being investigated in a Phase I/IIa open label dose escalation and expansion clinical trial sponsored by Cancer Research UK. BT1718 targets Membrane Type 1 Matrix Metalloproteinase (MT1-MMP), also known as MMP-14, which is highly expressed in many solid tumors.

Our strategic collaborations are based on the ability of Bicycles to address a wide variety of targets. Through collaborations with AstraZeneca, Oxurion, Innovate UK and the Dementia Discovery Fund, we work with companies that have deep therapeutic expertise outside of oncology to enable us to more efficiently develop novel medicines for patients.
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Followers
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Website visits
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Mentions
58
Location: United Kingdom, England, Cambridge
Employees: 51-200
Total raised: $695.03M
Founded date: 2009

Investors 8

Funding Rounds 5

DateSeriesAmountInvestors
24.05.2024-$555M-
01.10.2020-$50M-
02.06.2017Series B$52M-
14.10.2014-$32M-
10.12.2012-$6.03M-

Mentions in press and media 58

DateTitleDescription
10.03.2025Cambridge Innovation Capital: £100 Million Opportunity Fund ClosedCambridge Innovation Capital (CIC), a leading venture capital firm embedded in the Cambridge ecosystem, announced it has launched a new £100 million Opportunity Fund – which is anchored by Aviva Investors and British Patient Capital – to in...
24.02.2025Cambridge Innovation Capital launches £100M Fund for deeptech and life sciencesCambridge Innovation Capital (CIC) has today launched a new £100 million Opportunity Fund to invest in growth stage deep tech and life sciences companies. With up to £20 million per investment into later-stage rounds of deep tech and life s...
24.02.2025Cambridge Innovation Capital launches £100m Opportunity FundAviva Investors and British Patient Capital lead investment into new growth fund addressing the UK’s scale-up funding gap. 24 February 2025, Cambridge, UK — Cambridge Innovation Capital (CIC), the leading venture capital firm embedded in th...
06.02.2025Resilient and rising: UK tech ecosystemRecognized as one of the most dynamic and innovative ecosystems globally, the UK is home to a thriving network of startups, scale-ups, and established tech giants. With strong infrastructure, access to venture capital, and a highly skilled ...
09.01.202524 European tech companies that raised the most in 2024In 2024, European tech companies secured more than €74.4 billion across over 3,700 deals. When compared to a year before, this figure is higher by approximately 10 percent (€67.6 billion secured in 2023). This indicates a positive shift in ...
14.11.2024Shaping the future: Healthtech innovationsHealthtech companies are crucial in shaping the future of healthcare in Europe by providing innovative technologies that improve patient outcomes and healthcare system efficiency. These solutions range from digital tools for health monitori...
24.10.2024Innovate Cambridge launches strategy to accelerate innovation through increased startup investmentCambridge, UK has unveiled a plan to supercharge the impact of the Greater Cambridge area by doubling the rate at which it builds unicorns, doubling the venture capital investment the city’s startups receive, and creating twice as many scie...
25.05.2024ETF Partners Raises €285M for Sustainability VenturesETF Partners, Europe's original sustainability venture capital firm, has successfully raised €285 million in an oversubscribed round for its fourth fund. Founded in 2006, ETF Partners focuses on investing in fast-growing innovative companie...
24.05.2024Bicycle Therapeutics scores $555M investment for disease preventionCambridge medtech Bicycle Therapeutics has raised $555M in equity financing via a private placement. Bicycle Therapeutics draws on Sir Gregory Winter's Nobel-winning research to trial use of ‘bicycle’ molecules in cancer treatment by penetr...
24.05.2024€2.5B for NanoIC pilot line, ETF Partners raises €285M, and 10 Italian startups to watchThis week our research tracked more than 65 tech funding deals worth over €4.3 billion, and 15 exits, M&A transactions, rumours, and related news stories across Europe. In addition to this week's top financials, we've also indexed the m...
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